Boost KC

Analysis

Boost KC is a registered charity in United States, based in Gladstone, MO. It received its IRS tax-exemption ruling in February 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Boost KC reported income of $1.8m and spending of $1.1m, leaving 39% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $787k to $1.8m (+127%), an average of +23% a year. The sharpest change came in the year to May 2024, when income rose by 38%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boost KC sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Hampshire Country School ($1.8m), Habitat for Humanity International Inc ($1.8m) and American Water Works Association ($1.8m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $4.6m against liabilities of $663k, net assets of $3.9m.